Regulations Governing Futures Trust Enterprises Article 11

Except as otherwise prescribed by the competent authority, no director, supervisor, or shareholder holding 5% or more of the total number of issued shares, of a futures trust enterprise may concurrently act as a shareholder holding 5% or more of the total number of issued shares of another futures trust enterprise.Except as otherwise prescribed by the competent authority, no entity that has a relationship of affiliated enterprise, as set out in Chapter VI-I of the Company Act, with a director, supervisor, or a shareholder holding 5% or more of the total number of issued shares, of a futures trust enterprise may act as a director, supervisor, or a shareholder holding 5% or more of the total number of issued shares, of another futures trust enterprise.If a merger results in non-compliance with either of the preceding two paragraphs, compliance shall be effected within 1 year from the date of merger.The calculation of the shareholding of a shareholder holding 5 percent or more of the total number of issued shares under paragraphs 1 and 2 shall include shares held by the shareholder's spouse and minor children and shares held through nominees.The term "held through nominees" as used in these Regulations means that the following criteria are met:1. Directly or indirectly providing the stock to another person or providing funds to another person for the purpose of purchasing the stock.2. Having rights/interest in the management, use, or disposal of the stock held by such other person.3. Being the principal to whom belong, in whole or in part, profits or losses of the stock held by such other person.